Coverage: AT&T deal for Time Warner under scrutiny
AT&T’s acquisition of Time Warner has hit a serious snag as negotiations between the companies and the Department of Justice have turned so contentious that now both sides are arguing publicly over what the dispute is even about. Brian Stelter of CNNMoney.com had the news: Both sides agree that there was a pivotal meeting on Monday […]
Coverage: Disney in talks to buy most of 21st Century Fox
21st Century Fox has been holding talks to sell most of itself to Walt Disney Co., leaving behind a media company tightly focused on news and sports. David Faber of CNBC broke the news: The talks have taken place over the last few weeks and there is no certainty they will lead to a deal. The two sides are […]
Coverage: Rockwell Automation rejects $27.5 billion offer
Automation equipment maker Rockwell Automation Inc. said on Tuesday it had rejected an unsolicited acquisition bid from bigger rival Emerson Electric Co. for more than $27 billion, arguing that the offer undervalued the company. Greg Roumeliotis of Reuters had the news: The snubbed bid illustrates how Emerson CEO David Farr, who has been at the helm […]
Coverage: CVS offers $66 billion for health insurer Aetna
U.S. pharmacy operator CVS Health Corp. has made an offer to acquire No. 3 U.S. health insurer Aetna Inc. for more than $200 per share, or over $66 billion. Carl O’Donnell of Reuters had the news: A deal would merge one of the nation’s largest pharmacy benefits managers and pharmacy operators with one of its oldest health insurers, […]
Dealreporter seeks M&A antitrust reporter in DC
Dealreporter is looking to hire a full time reporter to cover M&A antitrust in Washington. This exciting role will involve writing breaking news and detailed analysis on antitrust investigations on high-profile mergers. With a strong focus on investigative reporting, the right candidate should be as comfortable working independently as collaborating with a strong team of reporters […]
Coverage: Pfizer weighs selling $15 billion consumer business
Pfizer Inc. said Tuesday it’s considering the sale or spin-off of its consumer health care business, shaking up the industry and potentially putting a headache pill to lip balm operation worth some $15 billion up for grabs. Manas Mishra and Ben Hirschler of Reuters had the news: The move comes as Germany’s Merck KGaA is also looking to […]
Antenen promoted to deputy ME for Mergermarket/Dealreporter
Mergermarket/Dealreporter managing editor Tom Cane sent out the following announcement: Dear all, I’m delighted to announce that Jay Antenen has been appointed Deputy Managing Editor, Americas, for Mergermarket & Dealreporter. In this role, Jay will oversee day-to-day editorial operations in the New York newsroom for our core coverage, ensuring that our content is in line […]
Coverage: Buffett buys big stake in truck stop operator
Warren Buffett’s Berkshire Hathaway Inc. bought a major stake in Pilot Flying J, the largest U.S. truck stop operator, and said it will become the majority owner in six years. Jonathan Stempel of Reuters had the news: Pilot Flying J has more than 750 locations in 44 U.S. states and Canada selling gas, diesel fuel, and […]
American Lawyer parent acquires Global Leaders in Law
ALM, the parent company of publications such as American Lawyer, the National Law Journal and the New York Law Journal, has acquired Global Leaders in Law, a general counsel forum, for an undisclosed amount. Global Leaders in Law is an invitation-only membership group, offering general counsel lawyers a platform for virtual and in-person collaboration to […]
Coverage: Deal to take Nordstrom private is faltering
Discussions to take Nordstrom private are in danger of falling apart as the family behind the Seattle-based retailer has struggled to cobble together the financing and may not be able to close the deal, estimated to be worth upwards of $10 billion. Josh Kosman and Lisa Fickenscher of the New York Post had the news: Jitters about dwindling mall traffic […]
